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Average Business Teachers, Postsecondary Salary in Colorado

Business Teachers, Postsecondary in Colorado earn an average annual salary of $88,630, which is below the national average of $108,950. This disparity can often be attributed to a combination of factors, including the specific demand within the state's educational institutions and the overall economic landscape of Colorado.

Executive Summary

  • Average Salary: $88,630 per year.
  • Growth Trend: Salaries have shifted 11.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,480.
  • Outlook: With a local workforce of 2,170 Business Teachers, Postsecondary, Colorado demonstrates a significant presence in this field. The Location Quotient of 1.41 indicates a higher concentration of these professionals compared to the national average, suggesting a robust demand and a well-established market for their expertise within the state.
2024 Market Data

Salary Overview

$88,630

The average Business Teachers, Postsecondary in Colorado earns-18.7%below the national average.

BreakdownBased on 40h/week
Hourly

$42.6

Weekly

$1,704

Monthly

$7,386

Business Teachers, Postsecondary Salary Distribution in Colorado

Salary progression for Business Teachers, Postsecondary in Colorado typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive teaching experience and advanced degrees can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$32,570$15.7
Tenured / ProProfessional status. Curriculum development.25% (Junior)$66,473$32
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$73,690$35.4
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$110,788$53.3
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$165,480$79.6

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$88,630

Gross Pay

Real Wage (Purchasing Power)

$84,009

Adjusted for COL (105.5)

The average annual salary of $88,630 in Colorado, when compared to a Cost of Living Index of 105.5 (meaning it's 5.5% higher than the national average), suggests that the purchasing power of this salary may be slightly diminished. While the nominal salary is substantial, individuals should carefully consider the higher cost of goods and services when evaluating their financial well-being in the state.

Job Market Context

2,170

Total Jobs

0.749

Per 1K Jobs

1.41

Location Quotient

Above Average

With a location quotient of 1.41, Colorado has a slightly higher-than-average concentration of Business Teachers, Postsecondary roles compared to the national norm.

A Location Quotient of 1.41 signifies that Business Teachers, Postsecondary are more concentrated in Colorado than the national average. This suggests a strong and potentially competitive market, where demand for these specialized educators is higher relative to the national landscape, offering good opportunities for those entering or established in the profession.

Nearby Job Markets

Nearby Cities for Business Teachers, Postsecondary

Comparing salaries near Colorado

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Colorado?

The median annual salary for a Business Teachers, Postsecondary in Colorado is $88,630. This typically ranges from $32,570 for entry-level positions to $165,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado is 18.7% lower than the national median of $108,950.

Is Colorado a lucrative place for Business Teachers, Postsecondarys?

Yes, with caveats.Colorado offers a higher concentration of these roles (LQ 1.41) and a substantial local workforce, indicating strong demand. However, the average salary is below the national average, and the cost of living is slightly higher, which should be factored into overall lucrativeness.

Is Colorado a good place to live for Business Teachers, Postsecondarys?

The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado?

Some top paying nearby cities include Colorado Springs, CO ($78,450) and Denver-Aurora-Centennial, CO.

How does Colorado's average salary compare to the national average for Business Teachers, Postsecondary?

The average annual salary for Business Teachers, Postsecondary in Colorado is $88,630, which is notably lower than the national average of $108,950.

What does the Location Quotient of 1.41 mean for Business Teachers, Postsecondary in Colorado?

A Location Quotient of 1.41 indicates that Business Teachers, Postsecondary are 41% more concentrated in Colorado than the national average, suggesting a higher demand and a more robust job market for this profession within the state.

How does the Cost of Living in Colorado affect the Business Teacher salary?

With a Cost of Living Index of 105.5, Colorado is 5.5% more expensive than the national average. This means the $88,630 salary may have less purchasing power than a similar salary in a lower cost-of-living area.

What is the total number of Business Teachers, Postsecondary employed in Colorado?

There are approximately 2,170 Business Teachers, Postsecondary employed in Colorado, representing a significant segment of the state's educational workforce in this specialty.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,170 employees in the Colorado area with a job density of 0.749 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.